KPIT Technologies Q1 Results Live : profit rise by 52.36% YOY

KPIT Technologies Q1 Results Live : KPIT Technologies declared their Q1 results on 24 Jul, 2024, with the topline increasing by 24.33% and the profit increasing by 52.36% YoY.

In comparison to the previous quarter, the revenue grew by 3.55% and the profit increased by 24.22%.

The Selling, general & administrative expenses rose by 4.99% q-o-q and increased by 22.54% Y-o-Y.

The operating income was up by 25.02% q-o-q and increased by 63.04% Y-o-Y.

The EPS for Q1 is ₹6.4, which increased by 30.35% Y-o-Y.

KPIT Technologies has delivered -0.79% return in the last 1 week, 23.05% return in the last 6 months, and 22.46% YTD return.

Currently, KPIT Technologies has a market cap of ₹50304.93 Cr and a 52wk high/low of ₹1928.7 & ₹1038 respectively.

As of 25 Jul, 2024, out of 14 analysts covering the company, 2 analysts have given a Strong Sell rating, 2 analysts have given a Hold rating, 5 analysts have given a Buy rating, and 5 analysts have given a Strong Buy rating.

The consensus recommendation as of 25 Jul, 2024, was to Buy.